NA Reddy
Would I benefit from an LLC if I invest in RE thru Syndications
31 August 2024 | 12 replies
From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple.
Rajagopalarao Paidi
How to know my property a good candidate for ABNB
30 August 2024 | 6 replies
Also check if there is an HOA or deed restrictions.Personally I then turn to AirDNA (premium account) and see what the projection is and what the comps look like it.
Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
30 August 2024 | 8 replies
He can have mold allergies or something like aspergillosis.
Jim Adrian
immigrant screening process
29 August 2024 | 7 replies
. - Some credit bureaus and services (like Experian RentBureau or Esusu Rent) offer alternative credit reports that include rent payment history, utility payments, and other recurring bills.
Chad Wan
What type of loan should I looking for?
29 August 2024 | 13 replies
I own them free and clear.I have contacted traditional lendor for a loan but looks like they can't close in time.
Chris Robinson
Moving to NC!!!
29 August 2024 | 3 replies
I would like to find a fix and flip to throw some of this equity I will have into as we wait for this lease to end.
Evan Savage
Young Professional, RE Investor | Focus: Single Family| Location: DFW & RDU (NC) Area
29 August 2024 | 12 replies
Seems like we have a meetup somewhere almost every night of the week in DFW area.
Elvin William
Form to fill fixing rental property to rent out
30 August 2024 | 6 replies
I’m not entirely sure I understand the question, but it sounds like you’re asking if you need a tax form from the property management company for the work you did on the property.
James McGovern
Any reason why I shouldn't open source my building plans?
31 August 2024 | 11 replies
Just because someone else might like the plans, that doesn't mean it would work for them on their site.
Christian Licata
In need of some advice for first property
29 August 2024 | 7 replies
I live in California and most likely won't be able to do much here because of expensive prices.